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Technology Stocks : DoubleClick Inc (DCLK)

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To: dabadabadoo who wrote (1650)4/23/1999 3:47:00 PM
From: Sanjay Varma  Read Replies (1) of 2902
 
Daba:

-we're up 4 today, but volume is very light
-retail, cable, and auction stocks are up sharply in advance of earnings. Will these stocks tank on monday/tuesday after earnings are announced from ebay and amazon?

I think we'll see 120-130 again before we see 175. But this is just a guess. We'll know more on Monday. Of course money could rush to DCLK in advance of earnings, as it has done with AMZN and EBAY (not to mention UBID or PCLN) today. But as long as the price stays at current level, around 147, I don't feel good about either buying in or shorting.

PS. my strategy for DCLK would be very different if I actually owned some at present. My challenge is to find the right entry point. Your's is to preserve long term gains.

-Sanjay
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